Global shares dip battered sterling wins reprieve

It seems like you're referring to a news article or a financial report. Here's a breakdown of what the headline might be saying:

• "Global shares dip": This suggests that the value of stocks and shares around the world has decreased, likely due to market volatility or economic concerns.
• "Battered sterling wins reprieve": This part of the headline is referring to the British pound (GBP), also known as sterling. It seems that the pound has experienced a significant decline in value, but has received some kind of relief or reprieve.

Some possible interpretations of this headline could be:

• The global stock market has experienced a downturn, but the British pound has seen a temporary recovery or stabilization in its value.
• The pound has been heavily affected by Brexit-related uncertainty, but has received some positive news or developments that have helped to stabilize its value.
• The global economy is experiencing a downturn, and the pound is being affected by this, but has received some kind of support or intervention that has helped to stabilize its value.

Without more context or information, it's difficult to say exactly what the headline is referring to. If you have any more details or would like to know more about a specific aspect of this headline, feel free to ask!